By Lou Grilli, Sr. Innovation Strategist for Primax DeFi is a powerful concept that could be a major disruptor in the financial services industry. In much the same way Uber and Lyft made us think differently about taxis or Airbnb and VRBO changed how we book...
Payments
Cybersecurity Planning for Multiple Attack Scenarios
By: Gene Fredriksen, Security Strategy Consultant The world is currently in a state of upheaval, which has provided cybercriminals with an ideal setting to conduct malicious assaults. Since the conflict in Ukraine began, we have seen an increase in malicious activity...
NFTs and Banks – A Great Future Together
By: Lou Grilli, Sr. Innovation Strategist NFTs have become today’s form of pop art, replacing household names like Andy Warhol and Salvador Dalí with newer artists like Beeple, BoredApeYachtClub, and CryptoPunks, with equally crazy dollar amounts being fetched for...
Primax Payments Pulse:
Deep Dive into Mobile Wallets Shows Generational Differences
By: Brian Scott, SVP and Chief Growth Officer, Primax The Spring 2022 edition of the Primax Payments Pulse found continued, strong consumer purchasing activity, despite ongoing inflationary pressures. In April 2022, the Bureau of Labor Statistics (BLS) reported the...
Driving an Optimal Payments Experience
By: Brian Scott, Chief Growth Officer, Primax When it comes to payments processing providers, banks don’t always know that they have options outside of their core processor. There are many innovative payments fintech providers that can offer more capabilities than a...
What Banks and Financial Institutions Should Know about Installment Payments
By: Cody Banks, MVP, Payments and Fraud Strategy, Primax In its early days, Buy Now, Pay Later (BNPL) – or installment payments – started as a subset of consumers searching for more ways to budget and improve finances, but it was rapidly adopted across the board. BNPL...
Primax Payments Pulse: Consumer Spending Strong Through the Extended Holiday Shopping Season
By: Brian Scott, SVP and Chief Growth Officer, Primax The extended 2021 holiday shopping season (October through December) saw strong consumer purchasing, even with a substantial surge of COVID-19 cases due to the Omicron variant. As shared in our Primax Payments...
Eye on Payments 2020: Part IV – Payments Through Generations
By: Tom Pierce, Chief Marketing Officer While the COVID-19 pandemic has propelled consumers of all ages to transact in new ways, there are still some notable differences in how different generations prefer to pay. Welcome to the fourth and final installment of our...
Eye on Payments 2020: Part III – The Drivers Behind Consumer Payment Choice
By: Tom Pierce, Chief Marketing Officer Despite the uncertainty surrounding the COVID-19 pandemic, the main drivers behind a consumer’s choice in payment method – ease of use, convenience and speed – have remained consistent since 2019, which could likely indicate...
Eye on Payments 2020: Part II – Contactless Payments Rise During COVID-19
By: Tom Pierce, Chief Marketing Officer Amid the COVID-19 pandemic, consumers of all generations are looking for new ways to transact for everything from grocery shopping to retail purchases to dining out. In addition, with health and safety remaining top of mind,...